Life Insurance

Why do you need Life insurance?

Get the right cover for your needs

Life insurance pays out when you die – not when you lose an income due to illness or disability. Everyone’s circumstances are different but getting life cover can protect your loved ones who are financially dependent on you. It’s suitable for you if you have a spouse, children (or you're expecting a baby), have a civil partner, or any other financial dependants such as elderly relatives, the pay-out from a life insurance policy could prove invaluable in helping them meet ongoing living costs, from covering the mortgage to paying for school/tution fees and utilities.

Get the right cover for your needs

Life Insurence

Level Cover

Level term life insurance is where the insurer pays out a fixed lump sum if the policy holder dies within the term agreed. This type of cover offers security that your beneficiaries can receive a specific sum, which can help you all plan for a time when you're no longer around. There are any number of reasons you might want to cover a specific amount of money.

Decreasing Cover

Decreasing term life cover is designed to help your loved ones pay off your financial commitments such as a repayment mortgage, loans or credit card balances if you pass away during the term of the policy. It helps to provide peace of mind that your loved ones will have enough financial support to pay off outstanding debts. The policy is typically taken out to cover a specific debt; usually a capital repayment mortgage. The amount of cover reduces in line with your outstanding mortgage liability. It is better suited to a repayment mortgage, not an interest-only mortgage. This is because a repayment mortgage is the type of loan that reduces over time. After a detailed discussion of your requirements, we can search products based on an evaluation of a variety of insurers to determine the one that best suits your budget and demands. There are products on the market that offer a ‘menu' choice, allowing you to choose multiple kinds of coverage within a single plan to meet your specific requirements and budget. And certain other products offer more than just a financial pay-out, such as global treatment, a second medical opinion, private physiotherapy treatment, fracture coverage, 24/7 access to a general practitioner and a specialty nurse, and helplines. Insurance is a complex subject with a multitude of alternatives, therefore it is essential that you consult with one of our experts.

We can assess your existing plan to ensure that it still fulfils you and your family's needs. If you’d like to find out more, please feel free to contact us on +44 300 303 4364‬ and we can arrange a quote for you. Is now the right time to protect yourself and your loved one? Life is already complex enough when you are fit, healthy, and have a stable income. No one needs additional financial, practical, and emotional circumstances that a severe illness or death can cause. But sometimes, unexpectedly, these events take place. Protection insurance cannot stop death or a critical illness, but it may make dealing with the financial consequences much simpler. What are the options? Is it expensive? Find out more. We find the best coverage from the best provider at the best price for you.